Shimizu (OTCMKTS:SHMUY) Shares Gap Up – What’s Next?

Shares of Shimizu Corporation Unsponsored ADR (OTCMKTS:SHMUY) gapped up prior to trading on Monday. The stock had previously closed at $49.66, but opened at $54.30. Shimizu shares last traded at $54.30, with a volume of 447 shares traded.

Shimizu Price Performance

The stock has a market cap of $9.18 billion, a P/E ratio of 8.37 and a beta of 0.08. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.28 and a current ratio of 1.28. The business has a 50 day simple moving average of $58.26 and a 200-day simple moving average of $68.25.

Shimizu (OTCMKTS:SHMUY) last released its earnings results on Monday, November 9th. The company reported $1.57 EPS for the quarter. Shimizu had a return on equity of 9.00% and a net margin of 8.11%.

Shimizu Company Profile

Shimizu Corporation is a Japanese construction and engineering company with roots dating to 1804, when it was founded as a carpentry business in Edo, now Tokyo. It has since grown into a major contractor serving public- and private-sector clients.

The company undertakes building construction and civil engineering projects, including commercial facilities, offices, housing, infrastructure and urban development. Its services also include project planning, design, engineering, construction management, real estate development and building maintenance.

Based in Tokyo, Shimizu operates primarily in Japan and also pursues construction and development projects in international markets.